"Today, it’s almost impossible to imagine a world where the FAANGs aren’t dominant. That’s why it’s a good a time to start selling, and diversifying into the decentralized platforms that will eventually replace them."
The bullish trend for SMH remains intact. It would take a break of the support in the chart below at (2) for this leading tech ETF to send a bearish message to the broad market.
Embattled social media giant Facebook actually promoted its usefulness “as a market research tool and as a platform for ad saturation [that] can be used to change public opinion in any political campaign.”
In what may be the harbinger of a revolutionary overhaul to the online streaming sector, the Information reports that NBCUniversal is considering launching a streaming service that would pay people to watch it.
"Apple does not and cannot monitor what developers do with the customer data they have collected, or prevent the onward transfer of that data, nor do we have the ability to ensure a developer’s compliance."
"If true, this reported plan is deeply troubling and risks making Google complicit in human rights abuses related to China’s rigorous censorship regime."
